How much does an accountant cost for a small business?
accounting
What is the best way to integrate or connect paypal wiith QBO for shopify?
I recently took a new client who is a Shopify seller, he is using multiple gateways including Shopify payments and Paypal.
currently, his Paypal is connected with qbo and creating a mess due to duplicated transactions, I would like to ...
What software and accounting method should I use for an Ecommerce business?
I am looking to start a website selling a podcast logo making service using Kartra web builder and sales funnels. I am first going to make an LLC. After that what is the best way to record my ...
What is the best type of business to set up for an international distributer
I have a client that is purchasing goods in the US and selling them to their clients in Chile. What are the tax implications for US & Chile? What type of business entity is best? He has a full ...
what it needs to be done in terms of submitting forms when a customer files for bankruptcy and the owed amount is written off?
Does written off customer balance (bad debt expense in our records) require submitting a form to inform necessary governmental bodies?
LLC (single member) company is having a financial hardship due to pandemic, is not able to meet its obligations and considering to file for bankruptcy. how would it affect the member financially?
What is the best way to record the New business Purchase under same LLC?
One of my clients who is an Amazon Seller recently bought an Amazon Seller Account / New business for approx $11,000. In this case what would be the best practice to record this purchase?
1) As an Asset in current ...
How do I add a promissory note to the balance sheet
A business was purchased and according to the Asset Purchase Agreement, none of the liabilities “belong” to the new company. What they have is a promissory note of $425,000 due to third party lenders. You have to set ...
Which accounting method to define monthly salary?
I have a client with an S Corporation. His CPA told him to pay himself (on payroll) very month 65% of his net income. When I wanted to run the P&L I noticed there's a $1500 difference between accrual basis ...
How do I treat a Cashback Promotion our company is paying customers?
Hello,
We are a Tech Startup matching women with similar build, appearance and style, and looking to implement a Cashback promotion for customers who "shop the look" through our app, but I'm not sure how to book this in the ...